There's a lot of performance in hiring and firing, even outside a supposed 'recession' CEO's are rewarded for 'cutting the fat' through firing via stock bumps b

There's a lot of performance in hiring and firing, even outside a supposed 'recession' CEO's are rewarded for 'cutting the fat' through firing via stock bumps because at the very least it's going to temporarily cut some costs in a very surface level analysis. Couple that with the constant recession talk that never seems to materialize and boards and shareholders are looking at companies thinking they need to trim down some for the recession that's seemingly been just around the bend for a whole year now.